Monaco Laws 1235 and 887: comparing rental regimes
2025-04-14
Before valuing, selling or letting an apartment in Monaco, establish its legal regime from the property documents. Laws 1235 and 887 cover different situations; the construction year alone does not settle the question.
Differences to check
| Point | Law No. 1,235 | Law No. 887 |
|---|---|---|
| Property scope | Certain premises built or completed before 1 September 1947, subject to the exceptions in Article 1. | Premises meeting the historical categories and conditions in Articles 1 and 2. |
| Tenants | Protected persons and priority order defined notably in Articles 3 and 4. | Applicants within the categories in Article 3; this is a different list from Law 1235. |
| Lease | Six years; renewal by right in the absence of valid notice, subject to Article 11. | Six years, with annual termination at the tenant’s sole initiative (Article 3). |
| Rent and indexation | Reference rents and changes governed by Articles 18–20. | An indexation clause may be included in the lease (Article 3). This does not permit arbitrary increases. |
Formalities and the owner’s plans
For Law 887 premises, Articles 2 and 3 of Sovereign Ordinance No. 4,621 of 29 December 1970 provide for vacancy and pre-letting declarations. Before deciding, have the lease, notice and renewal rules, permitted uses and any pre-emption rights reviewed for the individual property. A general comparison does not establish that these rules are the same under both regimes.
Law 1235 guide · Law 887 guide
Official sources checked on 13 September 2026 : Law No. 1,235 ; Law No. 887 ; Sovereign Ordinance No. 4,621.
